Summary Box: Interest rates hold in narrow range, capping off big week of fluctuations
By APFriday, April 9, 2010
Summary Box: Interest rates move in tight range
THE BEGINNING: The yield on the 10-year Treasury note shot above 4 percent to start the week as investors were apprehensive heading into auctions for $82 billion in new debt.
THE MIDDLE: There was surprisingly strong demand at auctions throughout the week, which pushed yields back down.
THE END: Rates ended the week by barely budging. Lingering concerns about Greece’s debt problems left many bond investors eager to stay in safe investments like Treasurys.
YOUR VIEW POINT
